Risk Based Management

Risk Based Management Integrating Information Technology for non-IT Managers

Workshop Overview/Focus

Corporations are becoming more and more aware of the risks facing them in the expanded Environment of Business now facing them.

Increasingly management is taking a risk management role and IT management is being called to assist at corporate and strategic risk management levels

This three-day, intensive course provides IT and operational management with a advanced approaches to risk management and internal risk assessment at a corporate level.

The seminar is designed to provide the participants with an in-depth knowledge of:

v Risk and its nature in a corporate environment

v Risk analysis and operational management

v The use of Risk-based management as an integrated approach

v Risks within computer systems

v Electronic trading risks

v The Information Systems risk-based control approach

v Risk and materiality

v A structured approach to risk evaluation

v How to sell risk-based control

Seminar Contents

v The nature of risk

v Internal risk assessment - a framework

v Risk-based management - an integrated approach

v Risks in Financial Services Industries

v Computer risks and fraud

v Reducing the risks in electronic interchanges

v The IS Risk-based approach

v Control risk prioritization

v Risk and materiality

v The structured risk approach

v Implementing the approach

v Selling management on risk

Day Programs

Day 1 – Risk

v Risk and Materiality

v Risk-based management, an integrated approach

v The Structured Risk Approach

v Internal Risk Assessment- a framework

v COSO and COcO

Day 2 – IT Risk

v IT risk based control approach and COBIT

v Electronic Trading Risks

v Reducing Risks in Electronic Interchanges

v SDLC activities and control

v Controlling the IPF

Day 3 – Managing the Risk

v Managing Risks in Computer Applications

v Management risk prioritization

v Risk and materiality

v Implementing the Approach

v Control Risk Prioritization

v Selling the Risk